Senior Life Actuary

Posted 2hrs ago

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Job Description

Senior Life Actuary at Farm Bureau Life Insurance Company overseeing life actuarial programs and pricing strategies. Responsible for financial reporting and product development.

Responsibilities:

  • Oversee and monitor monthly and annual experience studies
  • Make recommendations for modeling assumptions
  • Oversee the monitoring of major pricing assumptions for all products
  • Oversee the design and pricing new products
  • Maintain up-to-date information on changes in products offered by other life insurance companies
  • Oversee and develop recommendations for interest rates and other non-guaranteed elements for existing products

Requirements:

  • Bachelor's degree required
  • Five years life actuarial experience required
  • Working knowledge of Microsoft Office products (e.g., Word and Excel) required
  • Willingness to pursue continuing job-related training and education required
  • Completion of the Associate of the Society of Actuaries (ASA) designation required
  • Seven years life actuarial experience preferred
  • Experience in pricing
  • multivariate analysis
  • and reserving preferred
  • Completion of the Fellow of the Society of Actuaries (FSA) designation preferred
  • FIS Prophet modeling experience is preferred but not mandatory

Benefits:

  • Full benefit package including medical
  • dental
  • vision
  • 401K